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Jan 2, 2013
01/13
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also, eric cantor is very tied in to wall street. and a lot of finance republicans, the ones i talk to who talk to those guys from the big banks, they did not want to see the markets open tomorrow with this deal up in the air there was definitely a pushback from that community as these negotiations move forward. >> we saw the dow react positively there the other day. and then it could go negative again after we have seen a long string of decreases in the dow index leading up to this vote. and that one pop in the dow of over 100 points. >> right. >> because there was word of a deal coming through there. they're feeling very positive about that. >> and foreign markets are opening, as i'm sure are open now in some parts of the world there is that fear that the foreign markets will start to go down on the u.s., and that it could lead to it all going to haywire tomorrow. >> january 2nd in many parts of the world. now one of the -- just to drill down a little more on this hiccup, and those who were against this senate bill, why did that ne
also, eric cantor is very tied in to wall street. and a lot of finance republicans, the ones i talk to who talk to those guys from the big banks, they did not want to see the markets open tomorrow with this deal up in the air there was definitely a pushback from that community as these negotiations move forward. >> we saw the dow react positively there the other day. and then it could go negative again after we have seen a long string of decreases in the dow index leading up to this vote....
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Dec 27, 2012
12/12
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i go to eric cantor and he tells me what? >> he already has this covered, to boehner's great credit. he brought paul ryan in, eric cantor in, mccarthy in who might be the one -- >> the guy from california. >> yeah. and he brought them all in on this plan "b" and all on the negotiations. so he's covered there. he needs mcconnell. if he can get mcconnell and a couple senate republicans, then -- >> what about the body of 40 or so tea partiers who are holdouts. how does he reach them? the ones necessary for any kind of majority? >> he doesn't necessarily need them. if he can get senate republicans, then -- >> is that his game right now to go around his hard core right? >> it is. because then the hard core right isn't just blaming john boehner for all the troubles of the world. they're also -- >> can he allow the house of representatives to work its will with the minority of republicans? >> yes, he can. >> glen, is this your view? if we get a sol lux next week it's probably because a speaker allows a minority of republicans, maybe
i go to eric cantor and he tells me what? >> he already has this covered, to boehner's great credit. he brought paul ryan in, eric cantor in, mccarthy in who might be the one -- >> the guy from california. >> yeah. and he brought them all in on this plan "b" and all on the negotiations. so he's covered there. he needs mcconnell. if he can get mcconnell and a couple senate republicans, then -- >> what about the body of 40 or so tea partiers who are holdouts. how...
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Jan 1, 2013
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i'm with eric cantor. this bill in its present form is not good enough and the american people are smart enough to know that what you don't pay today and owe tomorrow, you'll have to pay tomorrow. >> we've got to go, congressman. you still have confidence in the speak a speaker? >> i have confidence in the speaker. he's making the process open but of course that includes people like myself and leader cantor who say we have to be open to change. >> darrell issa, thank you very much. >>> much more and the white house reaction to this latest rift between the house speaker and the republican majority leader when it comes to the fiscal cliff bill. what's going on? >>> plus. >> the latest on hillary clinton's blood clot. when she might be released from the hospital, what could it mean for her future. lots of news happening right here right now in "the situation room." look what mommy is having. mommy's having a french fry. yes she is, yes she is. [ bop ] [ male announcer ] could've had a v8. 100% vegetable juice
i'm with eric cantor. this bill in its present form is not good enough and the american people are smart enough to know that what you don't pay today and owe tomorrow, you'll have to pay tomorrow. >> we've got to go, congressman. you still have confidence in the speak a speaker? >> i have confidence in the speaker. he's making the process open but of course that includes people like myself and leader cantor who say we have to be open to change. >> darrell issa, thank you very...
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eric cantor and kevin mccarthy joined the majority of their party in voting no. boehner did find support from one key republican, paul ryan of wisconsin also voted yes. the main sticking point for republicans, a lack of spending cuts. hours before last night's votes, republicans considered trying to amend the bill from the senate and add additional spending cuts in. the senate made it clear they had no intention of revisiting this idea. so if changes were made that would essentially kill it. before the vote, republicans took to the floor and voiced their concerns. >> there are no spending cuts. we're adding $4 billion a day to the debt. the senate failed in cutting spending. >> i thought we were in a deficit crisis. i thought families were put at risk by this massive debt. what does this do about that? >> it was way past those senators bedtimes, they were blurry eyed when they were reading it we are trying to fill in the gap for where they missed a few things. >> i think it's unreasonable for senator reid to say something they produced on new your's eve, by a bun
eric cantor and kevin mccarthy joined the majority of their party in voting no. boehner did find support from one key republican, paul ryan of wisconsin also voted yes. the main sticking point for republicans, a lack of spending cuts. hours before last night's votes, republicans considered trying to amend the bill from the senate and add additional spending cuts in. the senate made it clear they had no intention of revisiting this idea. so if changes were made that would essentially kill it....
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Jan 1, 2013
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eric cantor emerging from a meeting saying he does not support the senate-passed bill. house speaker bonn janer is not likely to bring the senate bill to the floor without changes is what we're hearing and in a statement boehner's spokesman said the speaker and leader laid out options to the members and listened to feedback. the lack of spending cuts in the senate bill was our universal concern amongst members in today's meetings. conversations will continue throughout the afternoon on the path forward. outgoing republican congressman steven latourette told nbc's luke russert the senate bill did not stand much of a bill in the house. take a listen. >> i think it's a little unreasonable for senator reid to say that something they produced on new year's eve, produced by a bunch of sleep-deprived octogenarians is what we should adopt within 48 hours. >> laetset's bring in mike viqu. we understand there have been meetings throughout the afternoon. >> reporter: the future of this bill, the deal to avert the fsk fiscal cliff and is in turmoil. here is what's happening right n
eric cantor emerging from a meeting saying he does not support the senate-passed bill. house speaker bonn janer is not likely to bring the senate bill to the floor without changes is what we're hearing and in a statement boehner's spokesman said the speaker and leader laid out options to the members and listened to feedback. the lack of spending cuts in the senate bill was our universal concern amongst members in today's meetings. conversations will continue throughout the afternoon on the path...
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eric cantor just walked by as well. and people would say you know, why are you covering people walking by. you are getting ready for are this vote, a.b., where as i mentioned you could potentially have a lot of democrats and maybe not as many republicans. do you think that they have turned in the hours since there was all this back and forth enough republicans to say we are going to vote for this? >> it would be hard to imagine if they weren't given the option of the failed bill to say i really first voted for the spending cut amendment, it went down and then i didn't want to go over the cliff and ultimately voted for the senate bill. they usually like to give them a vote for something that fails so they can have an affirmative vote before they vote for the sellout bill that they can't stand. so it is hard to imagine that they would end up in these few hours between what was sort of this revolt to a majority of the majority. it is hard to imagine that it is going be majority of republicans on this. i think they probably
eric cantor just walked by as well. and people would say you know, why are you covering people walking by. you are getting ready for are this vote, a.b., where as i mentioned you could potentially have a lot of democrats and maybe not as many republicans. do you think that they have turned in the hours since there was all this back and forth enough republicans to say we are going to vote for this? >> it would be hard to imagine if they weren't given the option of the failed bill to say i...
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cantor coming up. >> stephanie: crazy cowboy, eric eric cantor. >> okay corral. and it won't be okay for you. it will be super okay for me because i moisturize. >> stephanie: oh, boehner boehner. ♪ ♪ i am just an orange boy ♪ ♪ i have squandered my influence for a pocketful of tax cuts for the filthy rich ♪ ♪ my eyes get wet still a man cries when he thinks about which fabric is the best ♪ ♪ on the house floor stands the boehner and he's whining constantly ♪ ♪ and the fiscal cliff reminds him of every vote that let him down ♪ ♪ as he cried out in his anger and his shame ♪ ♪ i'm weeping i am weeping but he still remains ♪ ♪ crying eyes ♪ ♪ crying eyes ♪ >> yea! rocky mountain mike. >> stephanie: rocky mountain mike never on vacation. >> never. >> stephanie: you gotta keep working while mama's on vacation. go! great stuff. we have more. >> the boehner. >> stephanie: sunday, he warned president obama he should not cast blame on republicans. no! why would he do that? for a possible failure. [ ♪ "world news tonight" ♪ ] becaus
cantor coming up. >> stephanie: crazy cowboy, eric eric cantor. >> okay corral. and it won't be okay for you. it will be super okay for me because i moisturize. >> stephanie: oh, boehner boehner. ♪ ♪ i am just an orange boy ♪ ♪ i have squandered my influence for a pocketful of tax cuts for the filthy rich ♪ ♪ my eyes get wet still a man cries when he thinks about which fabric is the best ♪ ♪ on the house floor stands the boehner and he's whining constantly ♪...
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Jan 3, 2013
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one vote for eric cantor. it's not coalessed. john boehner for all the discomfort with him, that's clear within some conservative circles, the guy is going to be the speaker of the house. it's remarkable that conservatives couldn't unite even a little bit more as a show of force. >> i still believe the only person -- if he somehow expressed an interest, you would see the committee chairs, you would see a flocking. >> does this -- the question you have to be watching now is how this weakens or stretens his hand going into negotiations on the fiscal cliff -- not that, the debt ceiling. that remains to be seen. we'll have to leave it there. >> i guess. >> because -- >> i normally love to stay. i have to say that there's a bitter feeling. i love the first day of school, which i call the first day of congress. >> i would love to be up there myself. >> there's something the way the 112th ended. >> doesn't give you a good feeling. >> i just -- you wish -- this should be a happier day in celebrating washington. >> we still congratulate t
one vote for eric cantor. it's not coalessed. john boehner for all the discomfort with him, that's clear within some conservative circles, the guy is going to be the speaker of the house. it's remarkable that conservatives couldn't unite even a little bit more as a show of force. >> i still believe the only person -- if he somehow expressed an interest, you would see the committee chairs, you would see a flocking. >> does this -- the question you have to be watching now is how this...
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you had eric cantor voting no. is there a split as charles talking about here on the panel developing inside of the republican party that is being used and possibly taken advantage of by democrats including the white house? >> well, i will say something that is simplest thing to say is that charles is right. and that is a freebie. but it is not right as it relates to or it doesn't apply to not april politicable relating to boehner and cantor this, is a cal clue coup laigs. inside of the caucus that boehner is the, taking it, he says i brought the deal so i'm going to vote for it. ryan who is a pragmatist is saying i am the budget committee chairman. then, they're letting the other guys off the hook. if you look how small number of people is, that is voting in favor, how small the number of republicans voting in favor of this is, they're letting just about everybody off the hook. they're taking it and they're hoping that as few a number of human beings is watching this, as is possible. and that they will let this pa
you had eric cantor voting no. is there a split as charles talking about here on the panel developing inside of the republican party that is being used and possibly taken advantage of by democrats including the white house? >> well, i will say something that is simplest thing to say is that charles is right. and that is a freebie. but it is not right as it relates to or it doesn't apply to not april politicable relating to boehner and cantor this, is a cal clue coup laigs. inside of the...
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Dec 29, 2012
12/12
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there were also some spending cuts that the vice president and house majority leader eric cantor negotiated a year 1/2 ago that were put on the table. perhaps if you include some of that you increase some of the spending. what the democrats will be the spending on doctors fix, that is preventing doctors from getting a pay cut if they treat medicare patients and extending patch for alternative minimum tax to insure 10 of millions of americans don't have to pay the amt for this year, that is something congress typically does at the end of every year. it is not honest budgeting in washington. these are ideas that have come about basically as democrats and republican haves to throw the spending together at the end of every year. adam: we have about a minute before the president will start speaking the spending cuts that are on the table, there are a lot of people say that is enough to put the economy into recession. is that going to keep the democrats from possibly approving this deal? >> depends on the spending cuts. right now you're talking about $94 billion in what is known as the sequester.
there were also some spending cuts that the vice president and house majority leader eric cantor negotiated a year 1/2 ago that were put on the table. perhaps if you include some of that you increase some of the spending. what the democrats will be the spending on doctors fix, that is preventing doctors from getting a pay cut if they treat medicare patients and extending patch for alternative minimum tax to insure 10 of millions of americans don't have to pay the amt for this year, that is...
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yeah, that's a problem and now through his leadership, i hope with eric cantor and others week fix it. >> greta: a difficult job trying to corral all of those people. >> he's done one thing, we don't do ear marks in the house. you saw the other night and i know that susan is going to talk about it, you saw what was effectively was a ton of ear marks coming from the senate and hurricane sandy 30 billion dollars worth of ear marks in it effectively. >> greta: everybody is talking about the fiscal relief bill and the sandy relief bill. here is what they're not telling you, and just mentioned it, both bills of are full of pork. that means, special deals for special people. maybe not to be special people, millions of dollars headed to hollywood and producers. and susan joins us. all right. let's start with some of the pork, special deals for special people. let's start with the fiscal deal. who gets special deals. >> first of all, there's a back story to both of these bills that is important to know, but that the public has a hard time finding out about. for instance, when we're talking ab
yeah, that's a problem and now through his leadership, i hope with eric cantor and others week fix it. >> greta: a difficult job trying to corral all of those people. >> he's done one thing, we don't do ear marks in the house. you saw the other night and i know that susan is going to talk about it, you saw what was effectively was a ton of ear marks coming from the senate and hurricane sandy 30 billion dollars worth of ear marks in it effectively. >> greta: everybody is...
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would it be eric cantor? last night darrell issa was on. he had this review. >> has he been the republican right-wing strong man? no. has he been speaker of the whole house? yes. is there someone going to challenge him? no, i don't expect it. does he have a dilemma which is ultimately it isn't work as well as we'd like to? we're not able to message. by the way, we're not united in the most important things republicans stand for, which is restraining the growth of government? yeah, that's a problem. and under his leadership, i hope with eric cantor and others we can fix it. >>brian: there are some conservatives in congress who are angry at the speaker for the plan b thing, for the fiscal cliff, for -- because nobody wanted to raise taxes on anybody. but ultimately at the end of the day they had to do that. >>steve: let's face it. john boehner played the hand he has been dealt. ever since the november election he's had a lousy hand. >> he has not had an easy time of it. who would want that job to try to rangel all of the competing opinions in
would it be eric cantor? last night darrell issa was on. he had this review. >> has he been the republican right-wing strong man? no. has he been speaker of the whole house? yes. is there someone going to challenge him? no, i don't expect it. does he have a dilemma which is ultimately it isn't work as well as we'd like to? we're not able to message. by the way, we're not united in the most important things republicans stand for, which is restraining the growth of government? yeah, that's...
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Jan 2, 2013
01/13
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eric cantor is much more the kind of guy, he has been very vocal about the need to trim debt. so it's logical that he would vote against it. they did wait until it passed. so they had some spots ability to their speakers and their leadership position. in the end, they know this has to go through, because we are out of time. john boehner votes for it more as a symbolic thing. he said yesterday if we cannot find a republican votes to amend this, i will just go for it. he feels a sense of responsibility to accept a deal that's coming down. host: you have a piece on the blog that says house members have a message to speaker ehner -- what is the latest on that? guest: i think that is all we will see today. the house and senate are back in today. the senate back into thinking they might get a sandy relief bill. what happened yesterday was a rare occurrence where you had a bunch of republicans and democrats to show up at the last minute after the cliff vote and they were really upset. delma had about a minute to talk. a lot of them used strong language, saying the speaker should be a
eric cantor is much more the kind of guy, he has been very vocal about the need to trim debt. so it's logical that he would vote against it. they did wait until it passed. so they had some spots ability to their speakers and their leadership position. in the end, they know this has to go through, because we are out of time. john boehner votes for it more as a symbolic thing. he said yesterday if we cannot find a republican votes to amend this, i will just go for it. he feels a sense of...
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then had you majority leader eric cantor and republican whip kevin mccarthy who voted no. cantor said he was disappointed with the bill. here's how it was sold to republicans. >> so by making republican tax cuts permanent, we're one step closer to comprehensive tax reform that will help strengthen our economy and create more and higher paychecks for american workers. >> what's interesting is with a lot of big bills you see the speaker get up and try to fire up his troops to vote for it you will see the majority leader eric cantor try to get up and fire up the base to vote for it. in this case, it was left to the chairman of the house ways and means committee, dave camp. jon? >> jon: not a lot of holiday cheer among two of the most powerful people on the hill. >> that's right. you could definitely feel the tension going higher and higher the closer it got to the deadline. last friday at the white house, fox news has confirmed speaker john boehner told senate majority leader harry reid to, quote: f himself twice after reid had said boehner was running the house like a dictat
then had you majority leader eric cantor and republican whip kevin mccarthy who voted no. cantor said he was disappointed with the bill. here's how it was sold to republicans. >> so by making republican tax cuts permanent, we're one step closer to comprehensive tax reform that will help strengthen our economy and create more and higher paychecks for american workers. >> what's interesting is with a lot of big bills you see the speaker get up and try to fire up his troops to vote for...
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house majority leader eric cantor is telling his members to be prepared to work through january 2nd. both sides are still far apart on taxes and spending cuts. harry reid says prospect deals by monday are unlikely. minority leader mitch mcconnell says there's still time for an agreement. >> republicans aren't likely to sign a blank check just because we find ourselves at the edge of the cliff. that wouldn't be fair to the american people. >> now, a new reuters poll shows americans blame republicans more than democrats or president obama for the fiscal crisis. and when asked who they held more response, 27% said the gop, 6% pointed to the dems and 30% said all of the above. for more on this, we're joined by christian schultz from barronberg bank. welcome. so we're going over the fiscal cliff. >> well, the consumer confidenc already be over the cliff in terms of confidence already. that might already be the first impact of the crisis of -- not of the crisis, but yes of the fiscal cliff. it seems we have this moment where this animal goes over the cliff, all limbs are still rotating aro
house majority leader eric cantor is telling his members to be prepared to work through january 2nd. both sides are still far apart on taxes and spending cuts. harry reid says prospect deals by monday are unlikely. minority leader mitch mcconnell says there's still time for an agreement. >> republicans aren't likely to sign a blank check just because we find ourselves at the edge of the cliff. that wouldn't be fair to the american people. >> now, a new reuters poll shows americans...
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house republican leader eric cantor says he can't support the senate bill. democrats are urging house leaders to let members vote on this bill. >> a raging fire tore through a church in a county today. they are devastated today and investigators are trying to determine the cause and church leaders trying to find a place to worship on sunday. >> at the stroke of midnight same-sex couples began getting married. seven couples tied the note early this morning. they were the force to take advantage of the new law legalizing same-sex marriage. and same-sex marriage is recognized in nine states. there are many other new laws that go sby effect today. we break down some of the new intrigues new laws. >> in california driverless car ace allowed on the highways. a human still had has to be in the passenger seat and californians can use their smartphones to prove they have insurance. >> it is a wonderful thing. if you have your insurance with you all the time, we have our drivers license on there. >> speaking of licenses, in tennessee drivers older than 60 are required
house republican leader eric cantor says he can't support the senate bill. democrats are urging house leaders to let members vote on this bill. >> a raging fire tore through a church in a county today. they are devastated today and investigators are trying to determine the cause and church leaders trying to find a place to worship on sunday. >> at the stroke of midnight same-sex couples began getting married. seven couples tied the note early this morning. they were the force to...
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i don't think eric cantor challenges him but i think he a weaker speaker because of all this. jon: what about paul ryan? he voted for this thing, right? >> paul ryan you have to kind of wait and see. marco rubio was given a gift from god being in the senate and being able to vote against this thing. i think it will help him in the primaries. let's him stay pure and statesman like. paul ryan has more explaining to do going into presidential primaries going into all of this. he can make his case. he is persuasive guy. he has to say look i didn't want to dodge the tough question. this was the best possible decision, best possible decision among a lot of bad decisions to be made. but that will be, maybe have easier time making that case six months from now but there are not a lot of people on the right who want to hear it. jon: what about president obama? he sure seemed happy at that rally if that is what you want to call it? >> look i think president obama really doesn't appreciate the fact that he is the president to the entire country and not just the sort of chorus of his supp
i don't think eric cantor challenges him but i think he a weaker speaker because of all this. jon: what about paul ryan? he voted for this thing, right? >> paul ryan you have to kind of wait and see. marco rubio was given a gift from god being in the senate and being able to vote against this thing. i think it will help him in the primaries. let's him stay pure and statesman like. paul ryan has more explaining to do going into presidential primaries going into all of this. he can make his...
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even yesterday when i heard that eric cantor was going to try to scuttle a hard-fought deal that was overwhelmingly approved in the senate, it gave me again pause about what could happen this morning. i was prepared for a down 300, 400. but cantor, who momentarily was a sure candidate for the wall of shame if he kept up that stuff, he ultimately backed down and we got a deal that everyone dislikes, which is the essence of what it means to rise above politics. you're supposed to dislike it, for heaven's sakes, it's a compromise. right now about the pending battle over the debt ceiling other than the fact that the buyers weren't too scared of the upcoming big bad debt fight today. what makes me not so concerned? i know there are plenty of other people who will wouldorry about the debt ceiling. i don't have to do it. let them worry about it i worry about the things very few people are worried about. i acknowledge i'm fretting over, problems that are thought about in advance by everybody, they have a tendency to be resolved. remember the european nightmare, listen, kick the can, 29% in g
even yesterday when i heard that eric cantor was going to try to scuttle a hard-fought deal that was overwhelmingly approved in the senate, it gave me again pause about what could happen this morning. i was prepared for a down 300, 400. but cantor, who momentarily was a sure candidate for the wall of shame if he kept up that stuff, he ultimately backed down and we got a deal that everyone dislikes, which is the essence of what it means to rise above politics. you're supposed to dislike it, for...
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cantor who is next to him launching some kind of a coop at the moment. i don't know where it goes. but it seems that he is in a position where the republicans in the senate and the white house are really the ones who will negotiate the deal. you have ten or 19 in the senate. will he have a vote? >> eric: 32 bills passed out in the senate waiting for a vote. >> kimberly: this is ridiculous. imagine having the advantage. say you play basketball and five guys on your team and the other side has one player and you are still getting beat because you keep turning over the ball. that's what it seems like. they have. leadership crisis. there is a split within the party how to approach this. obama got to go on vacation in hawaii. >> eric: taxes revert to the bush tax cut expire and president obama says republicans look at this. tax cuts for everyone making under 250. can republicans say no to tax cut in 2013? >> andrea: it will be tough. not tougher than the p.r. battle they are fighting now. i think he wants that scenario, eric. i think obama thinks going off th
cantor who is next to him launching some kind of a coop at the moment. i don't know where it goes. but it seems that he is in a position where the republicans in the senate and the white house are really the ones who will negotiate the deal. you have ten or 19 in the senate. will he have a vote? >> eric: 32 bills passed out in the senate waiting for a vote. >> kimberly: this is ridiculous. imagine having the advantage. say you play basketball and five guys on your team and the other...
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a spokeswoman for house majority leader eric cantor tweeted this -- "i'm confused. does potus want a deal or not, because all those jabs at congress certainly sounded like a smack in the face to me." but in the end, will it really have any impact on the vote today? >> i don't think it will on the vote today, but i can tell you that people i talked to after the conference were very upset with it, almost like he spiked the ball after a touchdown, the game wasn't quite over and he should have been flagged for excessive celebration like he's never been in the end zone before. i've always said the leadership is not taking the political shot even when it's easy to, and the president took an easy political shot yesterday, but i don't think it's going to affect the outcome either way. >> and he did draw a line in the sand, there's no doubt about that, chris, but given what is facing both sides, i mean, it's going to be, i think as chuck todd said, you know, this morning, that march is going to be -- if you thought this was bad, wait until you see what's going on in march wh
a spokeswoman for house majority leader eric cantor tweeted this -- "i'm confused. does potus want a deal or not, because all those jabs at congress certainly sounded like a smack in the face to me." but in the end, will it really have any impact on the vote today? >> i don't think it will on the vote today, but i can tell you that people i talked to after the conference were very upset with it, almost like he spiked the ball after a touchdown, the game wasn't quite over and he...
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the house is coming back on sunday evening according to a republican source, eric cantor, the house majority leader making that announcement on a conference call just a couple of hours ago. so they will be in town. but still we're all waiting on some type of agreement from congressional and perhaps the president, leaders, to have some type of framework for democrats and republicans to vote on. right now we're not there, and so far both sides have taken to blaming one another. >> the house of representatives is operating without the house of representatives. it's being operated with a dictatorship of the speaker, not allowing the vast majority of the house of representatives to get what they want. if the 250 would be brought up, it would pass overwhelmingly. >> we wanted an agreement. but we had no takers. the phone never rang. and so now here we are five days from the new year and we might finally start talking. rich: so senate democrats want the house to pass their proposal. it passed a couple of months ago. it extends all current tax rates for income amounts on families of less than $250,0
the house is coming back on sunday evening according to a republican source, eric cantor, the house majority leader making that announcement on a conference call just a couple of hours ago. so they will be in town. but still we're all waiting on some type of agreement from congressional and perhaps the president, leaders, to have some type of framework for democrats and republicans to vote on. right now we're not there, and so far both sides have taken to blaming one another. >> the house...
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the top two republicans, speaker john boehner and eric cantor were split. also notable, budget chairman paul ryan voted yes. the final gop count, 151 against the bill and 85 in favor. >> it was all about maintaining, if you will, the status quo of kick the can down the road. >> there's no spending cuts. we're adding $4 billion a day to the debt. the senate will fail miserably in cutting spending. >> much better to make this deal now and move on to those other fights at the appropriate time, which is, by the way, just around the corner. >> some conservative pundits have been blasting republicans and newt gingrich tweeted "the gop has been engauged ged in a two-month dance of defeat and surrender. >> good morning, happy new year. >> good morning. >> happy new year. >> david, do you agree with your former boss? did republicans surrender? >> no, they were just faced with a very difficult choice. obviously in terms of the tax cuts, that's something that if republicans wanted to see go forward, we've been talking about that for years, it was originally a republic
the top two republicans, speaker john boehner and eric cantor were split. also notable, budget chairman paul ryan voted yes. the final gop count, 151 against the bill and 85 in favor. >> it was all about maintaining, if you will, the status quo of kick the can down the road. >> there's no spending cuts. we're adding $4 billion a day to the debt. the senate will fail miserably in cutting spending. >> much better to make this deal now and move on to those other fights at the...
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gregg: wow, we got a ephappy new year out of eric cantor. maybe i couldn't hear and maybe the speaker said something. we couldn't make it out. we'll try to find out from mike emanuel there at the capitol. heather: very big place. very tall ceiling. gregg: very cavernous. the audio is awful. heather: cavernous, that is good word for it. let's look how much money the fiscal cliff tax hikes could cost your family. this is it. if your annual income between 20 and $30,000 your tax bill could go up $1200 next year. that jumps to more than 1700 for those making 40 and 50,000. the fiscal cliff will cost those making 75 and 100 grand more than $3500. and while those making between 200 and 500,000 will be paying about $14,000 more. if you make more than $500,000, a year, get ready to pay roughly an extra $35,000. if you make over one million, your tax increase will be near $216,000. gregg: lots of numbers, lots of digits there. wow!. wow! so how much progress is being made to avoid all of what you just saw? we'll ask california congressman buck mckeow
gregg: wow, we got a ephappy new year out of eric cantor. maybe i couldn't hear and maybe the speaker said something. we couldn't make it out. we'll try to find out from mike emanuel there at the capitol. heather: very big place. very tall ceiling. gregg: very cavernous. the audio is awful. heather: cavernous, that is good word for it. let's look how much money the fiscal cliff tax hikes could cost your family. this is it. if your annual income between 20 and $30,000 your tax bill could go up...
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Dec 27, 2012
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cantor who is next to him launching some kind of a coop at the moment. i don't know where it goes. but it seems that he is in a position where the republicans in the senate and the white house are really the ones who will negotiate the deal. you have ten or 19 in the senate. will he have a vote? >> eric: 32 bills passed out in the senate waiting for a vote. >> kimberly: this is ridiculous. imagine having the advantage. say you play basketball and five guys on your team and the other side has one player and you are still getting beat because you keep turning over the ball. that's what it seems like. they have. leadership crisis. there is a split within the party how to approach this. obama got to go on vacation in hawaii. >> eric: taxes revert to the bush tax cut expire and president obama says republicans look at this. tax cuts for everyone making under 250. can republicans say no to tax cut in 2013? >> andrea: it will be tough. not tougher than the p.r. battle they are fighting now. i think he wants that scenario, eric. i think obama thinks going off th
cantor who is next to him launching some kind of a coop at the moment. i don't know where it goes. but it seems that he is in a position where the republicans in the senate and the white house are really the ones who will negotiate the deal. you have ten or 19 in the senate. will he have a vote? >> eric: 32 bills passed out in the senate waiting for a vote. >> kimberly: this is ridiculous. imagine having the advantage. say you play basketball and five guys on your team and the other...
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eric cantor saying he does not support the bill. and john boehner saying that lack of spending cuts is a universal concern, wolf. >> if there is a vote today, looks like there will be a vote, probably a vote with some amendments to what the senate passed last night, assuming the republicans have their way and can get that passed. not a bipartisan basis, a partisan basis. they are the majority of the house. then they will send that legislation with an amendment back to the senate. up to the senate to move either later tonight or tomorrow, to either accept it, make their own amendments, send it back to the house. the clock is ticking, though, because this 112th congress ends at noon on thursday. if they don't have it on the president's desk, whatever legislation the house and the senate can agree on by noon on thursday, then they start all over again because they swear in the 113th congress, new senate, new house they start from scratch, none of the legislation that passed the last night in the senate or might pass the house today is
eric cantor saying he does not support the bill. and john boehner saying that lack of spending cuts is a universal concern, wolf. >> if there is a vote today, looks like there will be a vote, probably a vote with some amendments to what the senate passed last night, assuming the republicans have their way and can get that passed. not a bipartisan basis, a partisan basis. they are the majority of the house. then they will send that legislation with an amendment back to the senate. up to...
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cantor who you see next to him possibly launching some kind of -- but it seems to me he's in a position the republicans in the senate and the white house are really the ones who will negotiate this deal and potentially you have ten or twelve republicans in the senate that will pass something and throw it back to boehner and then it will be a question, will he have a vote? >> 32 bills passed the house that are sitting in the senate that will never see the light of day. >> it's ridiculous. you are playing basketball and you have five guys on your team and the other side has one player and you are still getting beat because you keep turning over the ball, that's what it seems like. i don't understand how think lost it already and i think they have. the fact it's been so mismanaged, there's been a leadership crisis, there hasn't been enough consensus in terms what have to do, there seems to be splits in the party on how to approach this and they keep on losing ground and obama got to go on vacation in hawaii. lucky him. >> and if the bush tax cuts expire and president obama says, hey, repub
cantor who you see next to him possibly launching some kind of -- but it seems to me he's in a position the republicans in the senate and the white house are really the ones who will negotiate this deal and potentially you have ten or twelve republicans in the senate that will pass something and throw it back to boehner and then it will be a question, will he have a vote? >> 32 bills passed the house that are sitting in the senate that will never see the light of day. >> it's...
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. >> reporter: republican majority leader eric cantor told reporters he did not support the bill in its current form. do you personally oppose the bill? >> i do not support the bill. >> reporter: the senate agreement postpones harsh across-the-board spending cuts for a few months. it also makes bush-era tax cuts permanent for individuals making under $400,000 a year and families making under $450,000 a year. the white house sent vice president joe biden here to capitol hill to try to broker a deal with the house just like he did in the senate. house democrats are welcoming his help. >> vice president biden has worked very hard to come to a compromise. by definition, a compromise has elements in it that each party does not like. >> i think that we've mad i think that we've made gigantic progress. i hope that we can have a bipartisan agreement as we go forward. >> reporter: even though the country went over the "fiscal cliff" at midnight monday officially, the senate version of the bill makes all tax cut extensions retroactive to the beginning of the year. and right now house members are
. >> reporter: republican majority leader eric cantor told reporters he did not support the bill in its current form. do you personally oppose the bill? >> i do not support the bill. >> reporter: the senate agreement postpones harsh across-the-board spending cuts for a few months. it also makes bush-era tax cuts permanent for individuals making under $400,000 a year and families making under $450,000 a year. the white house sent vice president joe biden here to capitol hill to...
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we have not been told yet that -- we have been told that the house majority leader eric cantor has not voted yet. we don't have world o word of d other names we don't have big republican names as of yet but you can see the tally continues as time is ticking down. again the magic number we believe to be about 210 to pas this piece of legislation. we are back with the panel. a.b., the boehner vote and well, the significance of what you are seeing there on the screen? >> well, interesting that they have lost ten democrats so far. that number could grow. but if they could -- if the democrats contained it, that is pretty interesting and you heard some, you new york city leadership exhorting the members to support it. >> bret: almost twice as many democrats at this point. >> right. i'm told that the boehner vote on the rule was a good sign from members who are going to vote for this and hold their nose. they were looking for leadership cover and boehner voting on the rule gave them the sense that that -- that he would -- that he would come and vote for the bill and they are hoping that that
we have not been told yet that -- we have been told that the house majority leader eric cantor has not voted yet. we don't have world o word of d other names we don't have big republican names as of yet but you can see the tally continues as time is ticking down. again the magic number we believe to be about 210 to pas this piece of legislation. we are back with the panel. a.b., the boehner vote and well, the significance of what you are seeing there on the screen? >> well, interesting...
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then you've got eric cantor, the majority whip, voting against it. at the core, all the republicans had to hold their nose because they do not as a party like the idea of taxes going up on anybody. now the way it stands is if you are very successful and you make at least $400,000 a year, your taxes are going to go up to about 40%. for everybody watching this program now, your payroll taxes are going up. last year it was about 4.2% exactly, and starting this morning it's going to be 6.2% because they did not carve out 2%. keep in mind, the payroll tax hike is what funds social security. >>brian: you can't take too long of a holiday. social security is underfunded to begin with. most of us are counting on it for when we retire. that seemed to, everyone agree we should let that evaporate but we're going to feel that if you are a wage earner. >>juliet: whenever you talk about tax hikes and taxes, it comes down to your personal definition of what is fair share. let's hear what the president had to say on his principle. >> today's agreement enshrines, i th
then you've got eric cantor, the majority whip, voting against it. at the core, all the republicans had to hold their nose because they do not as a party like the idea of taxes going up on anybody. now the way it stands is if you are very successful and you make at least $400,000 a year, your taxes are going to go up to about 40%. for everybody watching this program now, your payroll taxes are going up. last year it was about 4.2% exactly, and starting this morning it's going to be 6.2% because...
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cantor, had promised -- he'd been shepherding this. had promised there would be a vote. and the reason had to do with the fiscal cliff, ashleigh. all day long yesterday the speaker was getting an earful from his members that there weren't spending cuts in this fiscal cliff deal. so i'm told by reliable republican sources that he simply felt the last thing he could do politically for internal politics was to put a vote on the floor right afterwards with $60 billion in new spending that's not paid for. so that's the reason why you heard chris christie in new jersey really getting personal and really talking about palace intrigue and intraparty politics because that's really what went on. it was just the feeling that it was just too much tumult in a an already toxic environment when it comes to spending. >> but i'm not sure if i understand whether it was just sort of displeasing tumult or whether it was tumult that would actually jeopardize getting an actual bill. because i didn't see that point being made. and if that's what the speaker
cantor, had promised -- he'd been shepherding this. had promised there would be a vote. and the reason had to do with the fiscal cliff, ashleigh. all day long yesterday the speaker was getting an earful from his members that there weren't spending cuts in this fiscal cliff deal. so i'm told by reliable republican sources that he simply felt the last thing he could do politically for internal politics was to put a vote on the floor right afterwards with $60 billion in new spending that's not...
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there were some gop leaders who voted no including the majority leader, eric cantor. the senate passed the measure early tuesday morning. and the bill raises tax rates for families making more than $450,000 a year, let the payroll tax cut expire, with delays automatic government and military spending cuts by two months. speaking after the house vote, the president thanked congress for approving the deal. >> the sum total of all the budget agreements we've reached so far proves that there is a path forward. that it is possible. if we focus not on our politics but let's -- on what's right for the country. and the one thing that i think hopefully in the new year we'll focus on is see figure we can put a package like this together with a little bit less drama, a little less brinksmanship, not scare the heck out of folks quite as much. >> the bill does set up the next fight in around two months when the spending cuts are set to take effect and the u.s. hits the debt ceiling. treasury secretary geithner's trying to take steps to delay that date by halting investment in two
there were some gop leaders who voted no including the majority leader, eric cantor. the senate passed the measure early tuesday morning. and the bill raises tax rates for families making more than $450,000 a year, let the payroll tax cut expire, with delays automatic government and military spending cuts by two months. speaking after the house vote, the president thanked congress for approving the deal. >> the sum total of all the budget agreements we've reached so far proves that there...
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cantor. he decides he is voting no. part of the leadership. lori: not until there were enough yes votes to get requisite approval for the deal. melissa: what would your advice be? >> i think republicans would he will be well-served to discover if they are a political party or simply a fund-raising origination and a branding mechanism. because they seem to have no ground operation which is essential if you will be a political party and you're going to it up candidates for president. they don't seem to have any principles they won't abandon. they seem to have no vision they will share with the rest of us. you i think they're really at cliff, they're at the precipice no longer being a relevant political party. lori: that is huge statement, lou. melissa: could they use the opportunity, whether the debt ceiling or --. lori: sorry to come in but the social issues. you know what i mean. do they need to do better job connecting with the general public on social side of things, gay marriage, abortion,
cantor. he decides he is voting no. part of the leadership. lori: not until there were enough yes votes to get requisite approval for the deal. melissa: what would your advice be? >> i think republicans would he will be well-served to discover if they are a political party or simply a fund-raising origination and a branding mechanism. because they seem to have no ground operation which is essential if you will be a political party and you're going to it up candidates for president. they...
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and for party president's whether it is eric cantor from virginia, the majority leader in the house, or the president, but neither of them were elected to make all the roles and come to all the decisions. sort of middle ground will live to be found. simpson-bowles does not provide it. i will give you example. they raise the retirement age by a year or two very slowly. the retirement age task ago to 70 or there's no way out on social security. numbers tell us that. it is that simple. at the same time, its only marginally increases the retirement age and creates a new benefit for high stress occupations. 1,722,000 people would qualify, but all experience with these things, whether you are a republican from georgia or a liberal democrat from manhattan, as soon as a law like that gets passed, people become creative in finding ways to qualify. out of the woodwork, all the folks that would qualify. at the end of the david acton & social security age for everybody was truly disabled and let the market take care of its. people in stress occupations for many years now have been leaving those
and for party president's whether it is eric cantor from virginia, the majority leader in the house, or the president, but neither of them were elected to make all the roles and come to all the decisions. sort of middle ground will live to be found. simpson-bowles does not provide it. i will give you example. they raise the retirement age by a year or two very slowly. the retirement age task ago to 70 or there's no way out on social security. numbers tell us that. it is that simple. at the same...
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cantor in particular. jon: that's what we're talking about. let me play for you what senator tom harkin said just a bit ago. we opened the senate session this hour with senate majority leader harry reid who basically said we're still talking but no progress or no real progress to report. didn't say much very frankly. then senator harkin took the microphone. here is what he had to say. >> if we're going to have a deal, the deal has to favor the middle class, the real middle class, those making 30, 50, 60, $70,000 a year. that is the real middle class in america. and as i see this thing developing, quite frankly, as i have said before, no deal is better than a bad deal. this looks like a very bad deal the way this is shaping up. jon: ron, what about that plan b bill that the house passed or you know, what was considering, that would have raised taxes on those making a million dollars and up? >> well that is what is confusing me is that we want, republicans want to save taxpayers as many taxpayers as possible
cantor in particular. jon: that's what we're talking about. let me play for you what senator tom harkin said just a bit ago. we opened the senate session this hour with senate majority leader harry reid who basically said we're still talking but no progress or no real progress to report. didn't say much very frankly. then senator harkin took the microphone. here is what he had to say. >> if we're going to have a deal, the deal has to favor the middle class, the real middle class, those...
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john boehner voted yes, his number two majority leader eric cantor voted no and there will be another fiscal fight over the next two months, that's when military cuts are due. they kicked them down the road. that battle will now be joined over the next 60 days and we'll see what we get in the end after that. arthel: there is a limit on how many ad advil you can take in one day. bill: then you have to shift to ae alieve. we talked about military cuts and cuts to medicare, none of that was addressed in the drama we just watched unfold, none of it. arthel: no. let's get to this now the medical scare for america's top diplomat, secretary of state hillary clinton remains in a new york hospital where she is being treated with blood thinners for a blood clot lodged between her skull and her brain. molly henneberg live in washington with more. >> reporter: doctors say secretary clinton is making excellent progress, is in good spirits and should make a full recovery. she remains in new york presbyterian hospital as doctors monitor that brain clos. the the blood thinners should resolve it. clin
john boehner voted yes, his number two majority leader eric cantor voted no and there will be another fiscal fight over the next two months, that's when military cuts are due. they kicked them down the road. that battle will now be joined over the next 60 days and we'll see what we get in the end after that. arthel: there is a limit on how many ad advil you can take in one day. bill: then you have to shift to ae alieve. we talked about military cuts and cuts to medicare, none of that was...
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>> eric: very bad. 100%. you are pointing it out. bad riff, especially when cantor and his group votes no and boehner and his group votes yes. house divided. a lot of conservatives watch, and they go to drug import. they put up a poll today should boehner step down or be replaced? i looked and it said 85% of the respondent said replace boehner. it's an issue. issue on the right. they have to address it. >> dana: when things don't feel like they are going well, are you satisfied with that particular person? then everyone says no. what is amazing to me of the fiscal cliff, it avoided all the real issues. president obama in his statement last night, one thing he said is we are not going to tax our way out of the entitlement spending problem. why have you not done anything for five years? now he says he is going to try to get more tax increases without being -- with a caucus that says we're not going to do anything on entitlement spending. basically -- oh, i almost said a bad word. pooch. >> dana: by the way, i hear they are taxing dog c
>> eric: very bad. 100%. you are pointing it out. bad riff, especially when cantor and his group votes no and boehner and his group votes yes. house divided. a lot of conservatives watch, and they go to drug import. they put up a poll today should boehner step down or be replaced? i looked and it said 85% of the respondent said replace boehner. it's an issue. issue on the right. they have to address it. >> dana: when things don't feel like they are going well, are you satisfied with...
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speaker boehner and budget committee chairman paul ryan did vote in favor of the bill while eric cantor and congressman mccarthy voted against it. responding quite positively to that news, doug responding less positively. the dow jones up 180 and nasdaq up 50 points and s&p 24 points and ftse up 500 points -- not 500 points. and you can see the ftse up 2% on this news and look at what happened there in asia. hang seng up almost 3%. one clarification, i think i may have misspoken when i said all of this lasting one year. what i was describing was extension of unemployment benefits, that lasts one year. these other taxes and cuts and increases are now permanent. >> the fiscal cliff a verdict for now. now, we can look forward to something with the debt ceiling in the next two months. joining us in washington is former oklahoma governor frank keating and ceo of the american bankers association. joining us from philadelphia, former pennsylvania governor, ed rendell, also a cnbc contributor. i have to tell that joke again, governor. what do you call 47 millionaires sitting around watching the
speaker boehner and budget committee chairman paul ryan did vote in favor of the bill while eric cantor and congressman mccarthy voted against it. responding quite positively to that news, doug responding less positively. the dow jones up 180 and nasdaq up 50 points and s&p 24 points and ftse up 500 points -- not 500 points. and you can see the ftse up 2% on this news and look at what happened there in asia. hang seng up almost 3%. one clarification, i think i may have misspoken when i said...
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we're getting tweets and reporter information that majority leader eric cantor is against the senate-passed bill. phone numbers reason the screen if you would like to dial in and make a comment about what is going on right now in washington on this first day of 2013. while we get those calls up i want to read some of these tweets that have been coming in and literally, thousands of them at the #fiscal cliff. this is from samuel, how can the senate pass a bill 89-8 and the out can't? this is jordan, is house g.o.p. rejection of the fiscal cliff deal sign that the they that obama won't be negligenting on the debt ceiling? >> this is art. where does this leave us at this point? amendments, no time for that, pass it. nothing like bringing in the new year with a good old fiscal cliff get it together congress. henry is on our independent line, henry, good afternoon, this is c-span and you're on. caller: good afternoon. i'm an independent and i wanted to comment that i guess the democrats have to be cause shouse that the republicans don't wake up and take the position they have in a catch 22 posit
we're getting tweets and reporter information that majority leader eric cantor is against the senate-passed bill. phone numbers reason the screen if you would like to dial in and make a comment about what is going on right now in washington on this first day of 2013. while we get those calls up i want to read some of these tweets that have been coming in and literally, thousands of them at the #fiscal cliff. this is from samuel, how can the senate pass a bill 89-8 and the out can't? this is...